Tag: Financial Inclusion
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
India Introduces Biometric UPI Payments with Face and Fingerprint Authentication
Facial Recognition and Fingerprint Verification to Replace PIN for Seamless Digital PaymentsIn a landmark move to strengthen digital payment security and convenience, India is...
BillMart Launches GigCash for India’s 7.7M Gig Workers
BillMart, a fast-growing Indian fintech platform, has announced the launch of GigCash — a custom-built credit line aimed at India’s rapidly expanding gig and...
New Rules to Curb AePS Fraud from 2026
In response to increasing fraud through Aadhaar-based financial services, the Reserve Bank of India (RBI) has issued new guidelines to strengthen the Aadhaar Enabled...
80% of Women-Led Firms Face Payment Issues
A new report has revealed that 80 percent of women-led businesses in India face challenges with international payments, while 60 percent struggle with complex...
India’s Private Consumption Reaches $2.1 Trillion: Deloitte, RAI
India’s private consumption has doubled over the past decade, reaching $2.1 trillion in 2024, growing at a 7.2% CAGR, outpacing economies like the US,...
IRDAI Sets April Launch for Bima Vahak Initiative
The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the Bima Vahak initiative, a women-centric insurance field force, will have a...
Women, SC/ST Entrepreneurs to Benefit from ₹2 Crore Loans
The Union Budget 2025 introduces targeted reforms to bolster economic opportunities for women and Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs. Announced by...
